Bank of New Zealand (BNZ) is one, of New Zealand’s largest banks., It employs over 5,000 people and, operates a nationwide network, of 180 retail stores and business, centres. BNZ must report its carbon, footprint, energy use and water, consumption twice yearly to its, parent company.
BNZ’s carbon capture and reporting, process was heavily reliant on, spreadsheets.
Immense time pressure at reporting time, with only 6 weeks to gather all data from, suppliers, collate, analyse and comment on, trends and submit individual spreadsheets, on 15 different types of data.
Each spreadsheet had to contain all source, data, emission factors, commentary and, approval and ensure the correct version of, the file was being passed around.
Reviewing and approving the data was, extremely time-consuming, unreliable, open to human error and in some cases, wasn’t possible at all.
Management and board didn’t have, confidence in the accuracy and reliability, of the emissions report and figures, presented to them
The bank has now visibility of the entire emissions, profile, all of the emission sources, all of the base, data, all of the emissions factors and carbon dioxide, equivalents.
BNZ is now able to perform analytical and historical, comparisons, at any level of detail the bank wants to, review it.
Utilizing a smart approval process and automated, notifications ensures activity data from internal and, external suppliers is received, reviewed and approved, on time.
BraveGen completely transformed the, process and provides BNZ with the level of governance, and oversight to feel confident that the data is, absolutely right.